Shipping is forecast to see a shift toward greater use of non-fossil fuel energy for propulsion by 2050 under influence from environmental concerns and the reality of climate change.
Israeli-based Atlantium Technologies is readying its proprietary ballast water management system (BWMS) for a full commercial launch before the end of this year, as the UV-based system is undergoing a shipboard testing on a Zim mid-sized container vessel.
With the IMO 2020 regulation just round the corner, shipowners are mostly catching up on understanding fuel compatibility and operational issues, but the equally important legal aspects have been largely left unsaid.
Inmarsat’s new Crew Xpress service onboard vessels is set for a full commercial launch this month, following its trial by a number of Asian shipping companies since January this year.
Singapore’s homegrown maritime solutions firm Claritecs has signed memorandums of understanding (MOUs) with several bunker operators to formalise collaboration to testbed its BunkerMaestro bunker operations scheduling platform.
Shell Marine will introduce its new two-stroke engine cylinder oil dedicated for use with ship engines running on 0.5% sulphur fuel into the Singapore market this year, ahead of the IMO 2020 regulation.
The shipping industry should be confident about near term prospect on the back of a positive macro environment, but the medium to long term future may present some concerns, according to Andreas Sohmen-Pao, chairman of BW Group and chairman of the Singapore Maritime Foundation (SMF).
Digitalisation and the uptake of technology for the shipping sector will eventually bring the industry up to a whole new level of digital connectedness, even as this driver of change is happening only at an incremental pace, according to a panel of industry leaders.
China's Belt and Road Initiative (BRI) is anticipated to create demand growth for shipping and Singapore is keen to continue playing an important role in the ambitious development strategy, according to Singapore’s minister for trade and industry Chan Chun Sing.
The Southeast Asia region is poised for strong economic growth over the next few decades and container shipping can expect to benefit from increased volume demand, according to SS Teo, managing director of Pacific International Lines (PIL).